Index Management Solutions’s IPG Photonics IPGP Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-94	Closed	-$9K	–	785
2015 Q1	$9K	Sell	94 -14,393	-99%	-$1.38M	0.01%	600
2014 Q4	$1.09M	Buy	14,487 +522	+4%	+$39.1K	0.15%	135
2014 Q3	$961K	Buy	+13,965	New	+$961K	0.11%	144